Entrepreneurial Finance Exemplary exam questions PDF

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Entrepreneurial Finance
SS21...

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Exemplary exam questions Entrepreneurial Finance Summer Semester 2021

Part 1: Multiple choice questions 1. [ Multiple choice Type A] To explain the question of VC’s level of involvement in relation to the perf ormance of portfolio companies, the prospect theory was discussed in the context of the course. Which of the following statements for the prospect theory are correct according to the course of Entrepreneurial Finance? (only one answer is correct – 1.5 points) 1) Value function is concave for gains 2) Value function has different share for gains and losses 3) Value function is convex in the area of losses 4) Value function is steeper in the area of losses a) b) c) d) e) f)

All statements are correct. Statements 1), 2) and 3) are correct. Statements 2), 3) and 4) are correct. Statements 2) and 3) are correct. Statements 1) and 3) are correct. No statement is correct.

2. [Type B] Another alternative for young firms to source capital is crowdfunding. Please choose if the f ollowing statements are true or false. (For each correct choice – 0.5 points)

1) Crowdf unding serves as negative signal of firm quality to private equity or venture capital investors. [true/false] 2) The use of crowdfunding includes c onsulting services and a network from the individual investors. [true/false] 3) Crowdf unding is a good source of capital for firms, which do not want to disclose inside information. [true/false] 4) The use of crowdfunding forces the founding team to give up control of the firm. [true/false] ---Part 2: Open Essay questions 1. Please contextualize initial coin offerings in the light of crowdfunding and weigh the different types of coins/tokens against each other. (4 points) 2. Please explain the role and relevance of due diligence, especially in the light of entrepreneurial f inance. (3 points) 3. In addition to the management buyout, there are other forms of buyouts. Please name two further f orms of buyout and delimit them from the management buyout. (4 points)...